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Capitol Fax.com - Your Illinois News Radar » "Overall, the economy is now above the pre-crisis level achieved in early 2020″

Capitol Fax.com - Your Illinois News Radar » "Overall, the economy is now above the pre-crisis level achieved in early 2020″
capitolfax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitolfax.com Daily Mail and Mail on Sunday newspapers.

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Illinois Economy Still Growing, But Pace Slows

Illinois Economy Still Growing, But Pace Slows
wmay.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wmay.com Daily Mail and Mail on Sunday newspapers.

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U Of I Flash Index Grows; Jobless Claims Decline

By WMAY Newsroom
Shutterstock
An indicator of economic activity in Illinois continues to climb.
The University of Illinois Flash Index for June increased to 106.0, up from 105.3 in May. Any reading above 100 is a sign of economic growth in the state. The number is based on factors including tax revenues and individual and corporate earnings. Economists at the U of I note the state isn’t out of the woods yet, pointing to an unemployment rate that remains a full percentage point higher than the national average.
But jobless claims are slowly declining, with around 20,000 new claims in the past week, down 12-percent from the week before. ....

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Top State Economic Indicator Roars Back To Pre-Pandemic Levels

For the second month in a row, a key measure of Illinois's economic health has seen one of the biggest rates o. ....

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Analysis: Illinois Economy on an Upward Trend

The U.S. Department of Labor reports Illinois’ economy contracted by 4% in 2020, but things appear to be on an upward trend. The state of Illinois is growing at its fastest pace since 1981, according to a University of Illinois economic index. Economist Fred Giertz’s Illinois Flash Index shows the state’s growth rate traversed the line that divides contraction and expansion. That’s a year after a sharp decline of economic activity following the pandemic and the government’s response closing businesses.
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